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BOJ executive saw need for vigilance to ‘non-linear’ inflation spikes
6+ hour, 25+ min ago (380+ words) TOKYO, Sept 14 (Reuters) – Japan saw inflation spike due to rising import costs and currency shocks, suggesting such price reactions needed to factor into monetary policy considerations, a central bank official was quoted as saying in conference notes released on Monday....
Morning Bid: Shipping oil gets ever harder, costlier
7+ hour, 3+ min ago (573+ words) A look at the day ahead in European and global markets from Wayne Cole. Brent is back above $107 a barrel as the Houthis close in on the Bab el-Mandeb, the other key channel for oil exports coming out of the…...
Hormuz shipping traffic remains below 10-day average at weekend, data shows
7+ hour, 17+ min ago (298+ words) SINGAPORE, Sept 14 (Reuters) – Commodity vessel transits through the Strait of Hormuz fell to a single digit per day at the weekend, preliminary shiptracking data showed on Monday, well below a 10-day average of 14. Over the weekend, four vessels exited the…...
Dollar steady, yen near 7-month high ahead of Fed, BOJ meetings
11+ hour, 8+ min ago (641+ words) SINGAPORE, Sept 14 (Reuters) – The dollar was steady on Monday, with the yen holding on to its recent sharp gains and hovering near a seven-month high as investors pondered possible rate hikes from the Federal Reserve and Bank of Japan in…...
China’s Z.AI raises $5 billion from new share, convertible bond sales, filing shows
1+ day, 35+ min ago (296+ words) HONG KONG, Sept 13 (Reuters) – Beijing-based artificial intelligence company Z.AI Co Ltd raised a total of $5 billion from a Hong Kong share placement of about $2 billion and a concurrent convertible bond sale of about $3 billion, the company said in a…...
Israeli strike kills two people in Gaza, medics say
1+ day, 2+ hour ago (220+ words) CAIRO, Sept 13 (Reuters) – An Israeli airstrike on Sunday killed at least two Palestinians in a vehicle and wounded 13 others in the Gaza Strip, medical staff said. The strike in the Tel Al-Hawa neighbourhood in western Gaza City, left the vehicle…...
Russia hits Ukrainian-Polish border area, Kyiv says
1+ day, 2+ hour ago (191+ words) KYIV, Sept 13 (Reuters) – A Russian drone struck near the Ukrainian-Polish border in the small town of Yahodyn overnight, Ukraine’s Foreign Minister Andrii Sybiha said on Sunday. The minister corrected his earlier statement saying the drone struck on the border crossing…...
Speculators turn net long on yen for first time since February
1+ day, 8+ hour ago (148+ words) TOKYO, Sept 13 (Reuters) – Speculators turned to a net long position on the yen for the first time since February, data showed late on Friday, a display of growing momentum behind Japan’s beleaguered currency. The yen has surged this month on…...
Swedes vote in election that could usher far right into government
1+ day, 11+ hour ago (584+ words) By Simon Johnson and Niklas Pollard STOCKHOLM, Sept 13 (Reuters) – Swedes vote in an election on Sunday that will either bring a far-right party into government for the first time or shift the country back towards the liberalism it has long…...
Boeing and engineers’ union reach tentative contract agreement
2+ day, 11+ hour ago (66+ words) SEATTLE, Sept 11 (Reuters) - Boeing and its engineering union reached a tentative contract agreement on Friday, union officials said. (Reporting by Dan Catchpole in Seattle; Editing by Tom Hogue)... Boeing and engineers’ union reach tentative contract agreement SEATTLE, Sept 11 (Reuters) – Boeing…...